Euro Bulls: Don’t Worry About Fed Rate Cut, Worry About Massive ECB Stimulus

Most of the talk lately has been about the Federal Reserve, Treasury yields and the U.S. Dollar, but equal weight should be on the Euro especially since the European Central Bank (ECB) meets on July 25, six days before the…

The UK Leadership Race and FED Chair Powell Put the GBP and USD in Focus

Earlier in the Day: Economic data was on the lighter side once more through the Asian session this morning. Key stats included the UK’s BRC Retail sales Monitor numbers and Australia business confidence figures. For the Aussie Dollar The NAB…

German Economic Data to Put the EUR in the Spotlight

Earlier in the Day: Economic data was on the lighter side through the Asian session this morning. Japan’s factory orders and current account numbers for May provided direction early on. While the numbers drew attention, the markets also reacted further…

The Crypto Daily – The Movers and Shakers 08/07/19

Bitcoin closed out the week in positive territory, resuming what has been a particularly bullish run since January. Year-to-date Bitcoin has seen just 8 weekly losses, 2 of which came in June. On Sunday, Bitcoin rose by 1.85%, following on…

The Crypto Week – Bitcoin Leads the Way in a Mixed Week for the Majors

While the Bitcoin bulls continued to maintain control, its been another mixed week for the rest of the pack. Bitcoin rose by 2.56% on Saturday. Reversing a 1.42% fall from Friday, Bitcoin ended the day at $11,281. On the day,…

Jobs Report Will Lift Uncertainty Off Fed, Move it to ECB

Early Friday, the U.S. Dollar is hovering near its highest level of the week against a basket of currencies, and the Euro is pressing its low for the week. This, ahead of the U.S. Non-Farm Payrolls report that is expected…

It’s Nonfarm Payrolls. Will It Be a Green Light for the FED?

Earlier in the Day: The economic calendar was on the lighter side once more through the Asian session this morning. Japan’s May household spending figures provided direction in the early part of the day. For the Japanese Yen Household spending…

The Crypto Daily – The Movers and Shakers 05/07/19

Bitcoin led the way on Thursday, but this time for all the wrong reasons… Bitcoin tumbled by 6.85% on Thursday. Partially reversing Wednesday’s 10.09% rally to end the day at $11,162.5. A bearish start to the day saw Bitcoin fall…

Forex Daily Recap – Cable Extended a 2-Day Halt at 78.6% Fib Level

GBP/USD Today, the Cable extended its 2-day intermediate halt at the support confluence made up of the 78.6% Fibonacci benchmark and 1.2561 support mark. All the major SMA stood well above the pair restricting pair’s entry into the upper side.…

The Crypto Daily – The Movers and Shakers 04/07/19

Bitcoin led the way on Wednesday, providing much-needed support to the broader market at the turn of the quarter. Bitcoin rallied by 10.09% on Wednesday. Following on from a 2.29% gain from Tuesday, Bitcoin ended the day at $11,982. A…

©2019  Tradingreen.  All rights reserved.